new study shows that middle-class Americans give a larger share of their income to charity than the wealthy.
The study, conducted by the Chronicle of Philanthropy using tax-deduction data from the Internal Revenue Service, showed that households earning between $50,000 and $75,000 year give an average of 7.6 percent of their discretionary income to charity.
That compares to 4.2 percent for people who make $100,000 or more. In some of the wealthiest neighborhoods, with a large share of people making $200,000 or more a year, the average giving rate was 2.8 percent.
(however)Red states give much more than blue states
Click on the following for more details: The Rich Are Less Charitable Than the Middle Class: Study - U.S. Business News - CNBC
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